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Australian Prudential Regulation Authority

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APRA Proposes New Governance Standards

by Starling Insights

Observations

Mar 12, 2025

Late last week, the Australian Prudential Regulation Authority (APRA) proposed a number of updates to its prudential governance framework for banks, insurers, and superannuation trustees.

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APRA Reduces Westpac Capital Add-On by $500M

by Starling Insights

Observations

Jul 24, 2024

The Australian Prudential Regulation Authority (APRA) announced last week that it would reduce the $1 billion operational risk capital add-on it had applied to Westpac by $500 million. APRA said the reduction was due to the bank's progress in improving its governance, culture, and risk management.